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Lamborghini chief stands by V12s

Despite the push for fuel efficiency and low carbon emissions, the V12 is still a staple of high performance. Ferrari, Mercedes-Benz, Aston Martin, and yes, Lamborghini maintain fleets of these monstrous dinosaur engines. And for the final entry on that list, that's not going to change. Lamborghini CEO Stefano Domenicali sat down with Autocar and explained in no uncertain terms that his company will continue to offer V12s for the time being. "Our major customers and dealers around the world say: 'Please do not touch the V12'," Domenicali told Autocar. "So we will continue to work in that direction." But there's more than just customer demand driving Lambo's V12 loyalty. According to Domenicali, the company's niche is small enough to weather V12-ruining storms. "In the short term, there is still a lot of development potential in the V12," Domenicali told Autocar. "Of course, we need to understand what the market is doing in terms of emissions and legislation, but I don't see that will be a problem. We are always very open to how the market might evolve." That evolution, lately, has tended toward electrification. The flagship of Lambo's arch-nemesis Ferrari pairs a 12-cylinder engine with a hybrid system for blistering performance. Then there's the stuff happening with the V8-powered Porsche 918 Spyder and McLaren P1. These three hybrids are in an entirely different and more potent performance (and price) class than Lamborghini's hottest model, the Aventador LP750-4 SV. Hybrids are the future of performance, for Lamborghini included... Eventually. "We cannot be disconnected to the world of the future but we want to be balanced," Domenicali said. "We need to make sure that as soon as the technology of electrification is relevant to our car at a cost level, and will add value, we are flexible to shift in that direction." Finally, Domenicali addressed advanced connectivity systems while parrying Autocar's question about autonomous vehicles. "If you own a Lamborghini, you want to have the passion of driving it and we need to keep that. But new technology could have some relevance to the driver. For example, if you are on a race track, you could have a head-up display which shows you how to maximize your performance [around a corner], using the telemetry we have now," Domenicali told AC. "That's an approach where I see that technology could be very useful for our customer." Related Video:

Felicity Ace sinks with thousands of VWs, Porsches, Lamborghinis

The stricken ship Felicity Ace sank overnight after a week of salvage efforts ultimately proved unsuccessful. The ship, which was carrying up to 4,000 VW Group cars, went to the bottom unexpectedly while a salvage team was attempting to tow it to shore, Bloomberg reports.  "Initial reports from the local salvage team state that the vessel had sunk at around 9AM local time having suffered a list to starboard," Mitsui O.S.K. Lines transportation company (MOL), which owns the Felicity Ace, said in a statement released early Tuesday.    "The last vessel position was around 220nm off the Azores," MOL said. "The salvage crafts will remain around the area to monitor the situation. Further information will be provided as it becomes available." The ship sank after being battered by waves and listing 45 degrees to starboard, the ship’s operator said. “The weather was pretty rough out there,” Pat Adamson, a spokesperson for MOL Ship Management (Singapore), a unit of Mitsui OSK Lines Ltd., said by phone. “And then she sank, which was a surprise.” VW, Porsche, Audi, Bentley and Lamborghini-branded models were aboard the ship, which was headed to Rhode Island from GermanyÂ’s Emden port when the fire broke out on Feb. 16.  Rough seas and ongoing fires fueled by the lithium-ion batteries of EVs onboard delayed the ship's salvage and recovery operations for the better part of a week. While the likelihood of salvaging the smoke and potentially fire- and water-damaged vehicles from Felicity Ace's hold was slim to none, some had held out hope that their special-ordered vehicles might survive the mishap.  The Panama-flagged Felicity Ace was safely evacuated of its 22 crew members by the Portuguese navy after a fire started in its hold more than a week ago. The ship can carry up to 4,000 cars. European carmakers declined to discuss how many vehicles and what models were on board, but it appears to have been transporting approximately 2,500 cars, including roughly 1,100 Porsches and an undetermined number of Volkswagens.  The cars aboard were on order. Porsche customers in the United States were being contacted by their dealers, the company said. “We are already working to replace every car affected by this incident and the first new cars will be built soon,” Angus Fitton, vice president of PR at Porsche Cars North America, Inc., told The Associated Press in an email. The ship sank in water nearly 10,000 feet deep, the Portuguese Navy said.

Lamborghini Urus gets the green light for production [UPDATE]

UPDATE: We've gotten the official press release from Lamborghini, which you can read below. In it, company president Stephan Winkelmann does say that the new vehicle will be built in Sant'Agata Bolognese in a move to demonstrate "our commitment to safeguarding the values of 'Made in Italy' worldwide." It's been a long time coming, but the official word has finally come down: Lamborghini is going to build the Urus. The Italian automaker first gave us a sneak peak at the crossover concept in New York, before revealing the Urus in concept form at the Beijing Motor Show back in 2012. And we had a chance to catch up with it again in Monterey that summer. That's a lot of buildup. Ever since, Lambo has been toying with putting it into production as its third model line, alongside the existing Huracan and Aventador two-door supercars. All it's been waiting for is the go-ahead from parent Volkswagen, which it has now received. Autoblog received confirmation from a spokesman at Lamborghini of the Urus' production approval, with official details to be announced within the next few hours. Word has it that the high-riding Raging Bull will hit showrooms in 2018, but watch this space for more details as we find them. The Urus (or whatever it's ultimately called) will join a burgeoning market for high-end crossovers, alongside the likes of the Bentley Bentayga, Jaguar F-Pace, Aston Martin DBX and Maserati Levante. Unlike those forays, however, Lamborghini's will not be its first SUV. That honor will forever belong to the LM002, nicknamed the "Rambo Lambo" that came out just before the original Hummer and was powered by the Countach's V12 engine. Just what will power Sant'Agata's new crossover remains to be seen. However the signs have been pointing towards it at least being offered with the company's first hybrid powertrain, as previewed in the Asterion concept from Paris. With substantial incentives being offered by the Italian government, it is expected to be built in Italy – or at least assembled there. Much of the production work is likely to be carried out in Slovakia where the Audi Q7, Volkswagen Touareg and Porsche Cayenne (with which the Urus is destined to share its underpinnings) are made. Scroll down to read the official announcement.